Invesco has launched a new sustainable equity ETF based on ESG and Catholic principles on Xetra and Börse Frankfurt.
The MSCI Europe ESG Leaders Catholic Principles UCITS ETF 1D enables investors to participate in the performance of European companies with a comparatively high ESG rating. Companies whose products have negative social or environmental impacts are not considered.
These include companies that are related to the weapons, alcohol, tobacco, gambling, nuclear and coal power industries, which are involved in animal testing and genetic engineering or do not comply with Catholic doctrine. That also includes companies engaged in activities such as adult entertainment, contraception, abortion, stem cells and violations of United Nations principles.